$ C
Citigroup looks interesting enough.
It can be long from the current ones with a stop below the 200 MA (68.7).
Breakdown level 0.886 (73.52)
Looking like wide angle with breakdown after black level 2
Looking for $C to absolutely run within the next week or two... The chart is self-explanatory with supply zones being pushed back into... We shall see..
Seems like XLF has been taking a brief dip. with a stochastic under 50% currently 44% I wanted to find a reasonable company that was near or at a support level on the daily, 4 hour, and 1 hour time frames. Citigroup seems like a good deal to me.
The rsi and the mac d both match on those three aforementioned time frames and I was waiting for some bullish candles...
Focusing on the daily here IMO I believe Citigroup ticker $C is absolutely primed for a move up. I am extremely bullish for a rotation back into the financial sector but also from a technical standpoint. As we can see a solid bounce on our higher time frames with lots of sellers getting shaken out. RSI plenty of room to run, focusing on W formations on the...
If you sort the market based on the YTD performance Financial sector would be the front runner in 2021..!
Although big banks' stocks are traded at slightly lower prices these days, they outperform most tech stocks and major indexes in 2021..!
this could be an alarming sign for S&P 500..!
NYSE:JPM
NYSE:BAC
NYSE:WFC
NYSE:GS
NYSE:C
...
Trade price: 72.2
Target price: 90
SL: 72
R/R: 1 to 5
Citi is 1 of the banks Stock Picks to benefit from 'Goldilocks Inflation' Cycle... -Source: Wayne Duggan 5/11/2021 Bezinga
GLD 1D I Amid inflation fears we highlighted GLD two weeks ago. We now expect to see GLD consolidate as the RSI pushes into overbought territory.
BA 4H I Breaking out from a falling wedge after news that it plans to boost 737 Max production. Major support at $130 on the 4H chart.
AAPL 2H I As we noted, QQQ has found support at VPOC indicator shows us heavy...
After reviewing the recent earnings release as it looks like they're planning to do some restructuring and reduce its retail banking markets internationally, the markets have responded in kind - by dumping the stock price. It will be good to hold until the next earnings release and the prices has been range bound since March. Earning estimates have dropped and...
Citigroup took a massive hit in the 2008 housing crash and never quite recovered. The investment bank is currently the largest position in Michael Burry's portfolio. The current hesitancy in tech stocks and the speculation over a "tech bubble" are causing a resurgence in value stocks and longer-term plays. Citigroup has been in a bullish trend since the crash and...
Hi all,
I noticed looking at a few filters on my screener that there was some high dividend yielding companies all showing good benjamin graham numbers. It was immediately obvious to me that the vast bulk of them were in the financial sector, with the narrative of most of the worlds developed populations life changed by huge degrees and the flow of money slowed...
Potential gain:18%
Reward/Risk:5
Timeframe: 4-8 wks
I always try to present the charts in a simple comprehensive format to prevent any confusion.
This is just my technical view, neither a fundamental comment,nor a recommendation to trade..!
Please review my track record and calculate the odds for yourself..!
You’re likes and comments encourage me to continue...
